Oireachtas Joint and Select Committees
Thursday, 26 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Susan O'Keeffe (Labour) | Oireachtas source
We have talked much about the amount of money paid formyhome.ie. Obviously, Ms Donovan wanted it to succeed. As she said, the newspaper had to own it and it still needs it. There was an imperative to make it succeed and ensure the property market was buoyant. With that, the newspaper was simultaneously providing a €100 million platform for advertisers in the six years in question. It could be argued that this showed an imperative on the part of The Irish Timesto really want the property market to go on succeeding because it had its own skin in the game.
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